Gold/silver thread

[EcoSafe]

Opinion:am I off track.



several months ago Goldman scats (sacks). predicted $1100 gold by the end of the year.

the problem with this is they and their 11 other cronie Banksters have the power (money/ control) to make it happen.

while you and I (small timers) are dependent on the price of physical gold scrap, they are manipulating the market in worthless paper gold, then taking their profits and buying physical gold driving the price down then stocking up on the real thing.

[auminer]

This isn't a prediction, I don't make those, but I will say that I would try & be prepared for gold to fall to $700 worst case. If you're prepared for that, you oughta be fine since I don't think it's A) likely to fall that low, and B) it's not likely to stay there if it does fall that low. If gold ever falls into the 600s I'd sell my house to buy physical gold. LOL

Silver I have no effin idea about. I've read stories that say single digits are possible. Silver is less critical to most ewaste, anyway.

Above all, remember that all those stories you read are based on the writer's opinion at best, and their agenda at worst. In any case, you're only getting the stories that whatever news outlet you're using thinks will draw the most eyeballs. I know of no news website that is actually in the business of informing people... they're all in the business of selling advertising.

All my years in the equities trading business taught me a few things. Probably the most important was to never hesitate to admit when you're wrong. NEVER add money stubbornly to a losing position because "Dammit I'm RIGHT". That'll send you to the poorhouse with a hurryupness.

In closing, I'm not Keynes' biggest fan, but one thing he nailed dead to rights: ""The markets can remain irrational longer than you can remain solvent.""